Wednesday, September 30, 2009

Bobby Kotick’s recent speech at the Deutsche Bank Securities Technology Conference in San Francisco epitomises for me what is wrong about big business: it’s souless.

Kotick is open that he wants a company culture infused with skepticism, pessimism, and fear (which sounds like a rejected line from 'Wall Street'). Regrettably, Mr Kotick is not some small fry manager in soon-to-be-obsolete industry. Instead, as CEO of Activision Blizzard, he heads up one of the most successful companies in, arguably, one of the most innovate industries in the world.

Is Mr Kotick really that bad? Take these two quotes:

"You have studio heads who five years ago didn't know the difference between a balance sheet and a bed sheet who are now arguing allocations in our CFO's office pretty regularly." I acknowledge that resource allocation is fundamentally important to managing a project, but Kotick’s message is that managing the balance sheet is critically important, things like quality come second.

"We have a real culture of thrift. The goal that I had in bringing a lot of the packaged goods folks into Activision about 10 years ago was to take all the fun out of making video games." This quote makes me so mad!

About Me

I was born in 1979, the son of two medical professionals. I grew up in good health in Wellington, New Zealand, a city known for being a high earthquake risk area and the capital of a nation nobody can place on a map.
Due to a lack of imagination I completed bachelor degrees in law and economics from Victoria University of Wellington and a graduate diploma in finance from the Financial Services Institute of Australia. To pay off my then ridiculous student loan, I became a corporate whore and worked for four years in NZ at a major financial services firm, specialising in financial modeling, valuation advice and public finance consulting.
In 2008 I moved to Hong Kong and offered up my soul to the lords of merges and acquisitions. I worked non-stop for two years in corporate finance, specialising in deal structuring, lead transaction advisory and financial due diligence. Then in early 2010, I realised that a career in finance was not for me.
So instead I’ve set about rediscovering myself as a writer, designer and game developer ... keep an eye on this space as the story continues.